4 ms·

Yes, the early 90s, back before HFT, was an objectively terrible time. I shudder to think of having to live through them again. Imaging having to pay $5 for a s

by rhexs 6y ago

Yes, the early 90s, back before HFT, was an objectively terrible time. I shudder to think of having to live through them again. Imaging having to pay $5 for a stock trade instead of $0. Life changing.

Mandatum 6y ago
Stock trades still cost $10-15 in most of the world. It onyl affects HFT below a certain threshold. That is, only trades of substantial gain or volume make sense to operate on.
roenxi 6y ago
None of my gadgets or my job category existed in the 90s so I'm happy to call it objectively terrible personally. Plus, globally, compare poverty in Asia then and now and the difference is astounding. That was enabled in no small part by these faceless megacorps.
- collyw 6y ago
  Are your gadgets what make your life good? Seems bizarre to me. I kind of liked the days before mobile phones when you would arrange to meet someone and they would turn up on time.
  - roenxi 6y ago
    Gadgets maybe not, but I think having a job I enjoy is quite important to my happiness.
    - ljf 6y ago
      Trust me, you would have found another challenging and interesting job that you would have enjoyed.
CyberDildonics 6y ago
You are confusing high frequency trading with electronic trading.